$BTC 在上一轮牛市周期中，80%的峰值指标从未被触及。我认为，类似的情况在底部指标上也可能发生。 长期持有者的处于亏损状态的供应量已经超过了 FTX 的水平，并且接近 2018 年的水平。 已实现价格大约在 50K 左右，我们在所有周期中都测试过长期持有者（LTH）的已实现价格，因此重新回访在可能性范围内。但我不会把它说死：上一轮中很多周期顶部的指标并未触发，未来底部指标也可能会出现同样情况。 无论如何，市场已经处于与 FTX/2018 类似的亏损水平。 这已经说明了很多问题。
$BTC Last bull cycle, 80% of peak metrics were never hit. I believe we could see something similar with the bottom metrics aswell. The Long term holder supply sitting in a loss has already surpassed the FTX levels and is close to the 2018 levels. Realized price sits around 50K, we’ve tested the LTH realized price every cycle, so a revisit is in the realm of possibilities. But, I wouldn’t marry that, many top cycle metrics never triggered last cycle, and the same could happen with bottom metrics in the future. Either way, the market is already sitting at loss levels comparable to FTX/2018. That should tell you alot.
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